The British government has sold part of its stake in the NatWest bank. UK Government Investments Limited (UKGI) announced on Friday that it had completed the disposal of part of the Treasury’s shareholding in the banking and financial service firm. The value of the stake was £1.24 billion ($1.58 billion). The disposal was effected by way of an off-market purchase by NatWest of 392.45 million ordinary shares, pursuant to a contract between the company and the Treasury signed on February 7, 2019. The deal was amended on November 17, 2022 and May 7, 2024 and most recently reapproved by NatWest’s …